VAKÅSVEIEN 7 AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

11,58 %

Current Ratio

3,04

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 939 000	4 024 000	3 403 000	4 271 000
Net Income	1 920 000	2 013 000	490 000	2 285 000
Total Assets	30 413 000	30 296 000	29 627 000	30 944 000
Total Equity	16 575 000	16 518 000	16 470 000	16 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 939 000	4 024 000	3 403 000	4 271 000
Expenditure	1 232 000	1 151 000	2 464 000	1 045 000
Operating Profit	2 707 000	2 873 000	939 000	3 227 000
Financial Income	70 000	2 000	16 000	55 000
Financial Costs	315 000	295 000	327 000	352 000
Financial Balance	−245 000	−293 000	−311 000	−297 000
Earnings Before Tax	2 462 000	2 581 000	628 000	2 930 000
Tax	542 000	568 000	138 000	645 000
Net Income	1 920 000	2 013 000	490 000	2 285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 113 000	23 006 000	23 742 000	23 755 000
Total Current Assets	8 301 000	7 289 000	5 885 000	7 189 000
Total Assets	30 413 000	30 296 000	29 627 000	30 944 000
Total Retained Equity	391 000	334 000	286 000	128 000
Total Equity	16 575 000	16 518 000	16 470 000	16 312 000
Total Long-Term Debt	11 107 000	11 231 000	11 561 000	10 696 000
Total Current Debt	2 731 000	2 547 000	1 596 000	3 937 000
Total Equity and Debt	30 413 000	30 296 000	29 627 000	30 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 939 000	4 024 000	3 369 000	4 271 000
Other Income	0	0	34 000	0
Revenue	3 939 000	4 024 000	3 403 000	4 271 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	893 000	976 000	883 000	918 000
Impairment	0	0	0	0
Expenditure	1 232 000	1 151 000	2 464 000	1 045 000
Operating Profit	2 707 000	2 873 000	939 000	3 227 000
Financial Income	70 000	2 000	16 000	55 000
Financial Costs	315 000	295 000	327 000	352 000
Financial Balance	−245 000	−293 000	−311 000	−297 000
Dividends	0	0	0	0
Net Income	1 920 000	2 013 000	490 000	2 285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 113 000	23 006 000	23 742 000	23 755 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 113 000	23 006 000	23 742 000	23 755 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 113 000	23 006 000	23 742 000	23 755 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	17 000	11 000	4 000
Total Current Assets	8 301 000	7 289 000	5 885 000	7 189 000
Total Assets	30 413 000	30 296 000	29 627 000	30 944 000
Total Equity	16 575 000	16 518 000	16 470 000	16 312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 107 000	11 231 000	11 561 000	10 696 000
Creditors	27 000	21 000	1 130 000	49 000
Unpaid Taxes	287 000	6 000	0	156 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	943 000
Total Current Debt	2 731 000	2 547 000	1 596 000	3 937 000
Total Equity and Debt	30 413 000	30 296 000	29 627 000	30 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	12,19 %	2,98 %	14,01 %
Debt-to-Equity Ratio	0,67	0,68	0,7	0,66
Operating Profit Margin	68,72 %	71,4 %	27,59 %	75,56 %
Current Ratio	3,04	2,86	3,69	1,83
Quick Ratio	3,04	2,86	3,69	1,83
Equity Ratio	0,54	0,55	0,56	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %